r/BitcoinMining

I’ve been using Ocean pool and it’s been showing online and offline and after 2 weeks it’s been showing offline so can anyone recommend a good pool.

Hello, im new to crypto mining and i got solar power and saw this crypto miner which doesnt use much electricity and does 5.5$ daily in ethpow, is aslminer legit site to buy from? Its like 500$ cheaper than all other sites. Europe btw

Hi, I have just learned to day that there are only 900k bitcoins to be created. There are predictions that after a hundred years, there will be no Bitcoin to create.

Is this true?

If yes what other alternative crypto is best to mine?

What devices is good to use?

Mining centralization is the conversation again. Foundry runs ~34% of hashrate, AntPool ~15%. Seven FPPS pools signaled Stratum V2 on Monday, roughly 75% of hashrate between them. Stratum V2 is real progress: it hands transaction template selection back to the miner, so the pool operator can't quietly censor or front-run blocks anymore. Worth celebrating.

But Stratum V2 doesn't touch who holds the payout pipe. The pool still operates the books, still decides who gets what, still sits between your hashrate and your sats. If a top FPPS pool got compromised, sanctioned, or just decided to play games with withdrawals tomorrow, the V2 upgrade wouldn't help you.

That's the part Parasite Pool is testing. Ten months running. Two blocks so far: #938,713 in late February, #945,601 on April 18. 48 days between them. Hashrate ~52 PH/s today. Peak was 182 PH/s last June. The pool bled meaningfully through the dry spell but didn't unplug. That gap was the actual stress test for the model. If the rigs had walked en masse during 48 days of zero finder payouts, the thesis would have refuted itself in public. They didn't walk.

How it pays. Finder gets 1 BTC outright. Remaining 2.125 BTC plus fees split proportionally to all participants by shares since the previous block. No pool fee. Lightning payouts, 10 sat minimum. No registration, no KYC. Run by ZK Shark, the pseudonymous dev behind Ordinal Maxi Biz.

Three things make the structure interesting beyond the marketing.

One, block withholding incentives drop. In pure FPPS, a worker who finds a block can withhold it to game variance against the pool. In pure solo lottery, the finder takes everything so publishing fast is the only play. Parasite splits it: 1 BTC for publishing immediately is enough payday that withholding the rest for selfish mining math gets harder to justify. Doesn't kill the incentive entirely. Weakens it materially.

Two, pleb survival economics. In CKpool you mine for years and statistically never see anything. In FPPS you stack drips and pay 1-2% to the operator. Parasite gives ongoing PPLNS-shaped income between blocks plus a real lottery shot. You eat roughly a 30% discount on what your share would be in winner-take-all. That's the cost of insurance against zero through the gaps.

Three, the Lightning side. Most pools can't do tiny Lightning payouts because of the inbound liquidity problem on the pool's end. Parasite figured out a workaround, details not fully public yet. That's why you can withdraw at 10 sats with no real threshold. For anyone running a small box at home, that's the difference between actually getting paid in usable amounts and waiting six months to hit a payout floor.

What block 2 means. Block 1 could have been variance. Block 2 means the 48-day window the model needed to survive actually got survived. At 0.005% of network hashrate, statistical expectation is somewhere above three years between blocks at static hashrate, so two in ten months sits well inside the variance envelope. Doesn't prove the model scales. Doesn't kill it either. Two more data points and the picture starts to settle.

The verification path is the point. Code is at github.com/parasitepool/para. Blocks are on chain — check mempool.space if you don't believe the count, don't trust the pool dashboard, don't trust me, don't trust any newsletter quoting the dashboard. Payouts land in your own wallet at settlement, you're not asking the operator to remit anything later. ZK said more components go open source over time.

Outcome to watch: if block 3 lands within the next six months and hashrate stays above ~40 PH/s, this stops being a curiosity and starts being a working alternative. If 52 PH/s halves before block 3, the case weakens hard.

Heat the room. Keep the keys.

Hi. I want to build a warehouse type Bitcoin miner. However I didn't have a capital for it yet. It is advisable to start with USB type miners and work until I can afford to build one? Any thought?

Edit: Thanks to all of you opinions. I have learned a lot today!

So i understand the network has its difficulty but in reference to my miners minimum difficulty, is there a way to optimize for better quality shares? Im currently using the vardiff on ViaBtc and im happy to see it racking up lots of shares but id rather a handful of high quality shares vs mass amounts of low quality shares.

So competing against pro brute force miners is out of the question, especially if you want to be a solominer. For reference, you would be competing against mining pools that can do quintillions (1,000,000,000,000,000,000) hashes per second.

So I thought, can I just randomize the Nonces and play the lottery every now and then?

My question is, what are the nonce variables that pro hashers brute force? I know it's more than just the 32 bit Nonce.

Also is there mining hardware out there that would let me randomize the Nonces?

thank you!

Bonjour, il y aurait il des party mining en petit groupe disponibles pour m'accueillir en BTC ou BCH svp ? Je dispose d'un peu plus de 200th

This just seems really cheap, and I know Newegg can have some fishy deals sometimes. What do you think? Are they really discounting that much just for random colors?